The Oh-So-Familiar Debt Ceiling Dance
November 4, 2015
Daily Caller - The eleventh-hour budget deal negotiated by Congress and the White
House late last month may have ended the specter of a new government shutdown to the
benefit and relief of the political establishment, but it didn’t resolve America’s
debt crisis. It only delays the day of reckoning and, in the long run, will make matters
worse, as the current $18.1 trillion debt ceiling is increased still again.
Robert P. Murphy is a research assistant professor with the Free Market Institute
at Texas Tech University, a research fellow with the Independent Institute, Oakland,
Calif., and the author, most recently, of "Choice: Cooperation, Enterprise, and Human
Action" (2015, Independent Institute)
Read the story here.